A technology business which provides adaptable app solutions to major car insurance companies has completed a six-figure round, supported by the Development Bank of Wales, Angels Invest Wales and high-profile Welsh investors. Driverly started life as a technology platform making it easier for young drivers to access car insurance, using data gathered on individual drivers to help bring down their insurance contributions.

Big Business Intelligence, trading as Distil.ai, has successfully secured a £350,000 equity investment from the British Business Bank's South West Investment Fund, via appointed Fund Manager The FSE Group. The funding is part of a £1million round that also includes investment from Waterspring Ventures.

Soource, a startup founded in 2024 in Bolzano by former European diving champion Maicol Verzotto together with Nazareno Mario Ciccarello, Silvia Chiarot, Serena Galli and Luca Taddeo, has closed a €1.5 million pre-seed round. The operation was led by 360 Capital, with the participation of EXOR Ventures, Vesper, B Heroes, several Business Angels and the Members of the Investors Club through Simon Fiduciaria .

BOW, a robotics software company, has secured a combined £4 million seed round investment led by Northern Gritstone, the investment business focused on science and technology in the North of England and chaired by Lord Jim O'Neill. Co-investors include Finance Yorkshire and NPIF II - Praetura Equity Finance, which is managed by Praetura as part of the Northern Powerhouse Investment Fund II.

Lupa, the AI-native veterinary practice management platform, has closed a $4M seed from top investors including firstminute capital, 2100 Ventures and Vento by Exor Ventures. Other investors include top McKinsey, BCG, JP Morgan, Nexi, and NovaCapital angels. Lupa will use the new funding to accelerate product development and commercial expansion.

Kodesage, a pioneering startup specializing in AI-powered solutions for legacy software modernization, has raised €2.3 million in pre-seed funding led by PortfoLion Capital Partners, and with participation from prominent angel investors, including former UiPath executives.

Oxford Capital and Fuel Ventures have co-led a $1 million pre-seed funding round in Egregious, a pioneering company developing advanced technologies to defend humans from AI misuse.

VitVio, a London-based startup at the forefront of integrating AI into healthcare, has raised €1.8 million in pre-seed funding to transform surgical operating theaters by improving efficiency, enhancing patient outcomes, and reducing costs.

The funding round was led by LDV Capital with participation from Bek Ventures, Tiny Supercomputer Investment Company, and angel investors.

Three young entrepreneurs have secured their first investment thanks to the Development Bank of Wales and M-SParc's Angel Network. The investment marks the first major step for Pelly and its platform for managing sporting talent.

Gateshead-based Wordnerds' innovative AI customer insight analysis tool has gained the company £720,000 of investment from Northstar Ventures as part of a £1.6m a funding round.

Several well-known organisations such as Sainsbury's, M&S, Network Rail and the Department for Work and Pensions are using Wordnerds' product, which enables them to identify in real time how customers talk and what they talk about.

Implement AI, a fast-growing innovator in managed AI agent solutions, has raised £250,000 initial seed investment from SFC Capital, the UK's leading seed-stage investor. This funding will accelerate Implement AI's mission to help businesses harness the power of AI to drive growth, optimise operations, and enhance workforce productivity.

Partful, the Manchester-based manufacturing aftersales technology solution provider, has raised £5 million Series A funding to develop its 3D SaaS platform and accelerate the company's growth within the $640bn aftermarket sector.